Leveraged and inverse ETFs in hard asset flight
Leveraged and inverse ETFs on gold, silver and the miners. Driven by the daily moves of what they track, multiplied and reset each day.
Every ETF here, largest first
| # | ETF | Name | Assets | Share | 12 months | Fee |
|---|---|---|---|---|---|---|
| 1 | AGQ 2x | ProShares Ultra Silver | $1.0bn | 23.4% | −42.2% | 1.29% |
| 2 | NUGT 2x | Direxion Daily Gold Miners Index Bull 2x ETF | $851m | 19.6% | −11.3% | 1.13% |
| 3 | GDXU 3x | MicroSectors Gold Miners 3X Leveraged ETNs | $767m | 17.7% | −55.1% | 0.95% |
| 4 | UGL 2x | ProShares Ultra Gold | $663m | 15.3% | −16.3% | 1.19% |
| 5 | JNUG 2x | Direxion Daily Junior Gold Miners Index Bull 2X ETF | $347m | 8.0% | −23.5% | 1.03% |
| 6 | GDXD -3x | MicroSectors Gold Miners -3X Inverse Leveraged ETNs | $188m | 4.3% | −83.8% | 0.95% |
| 7 | GLL -2x | ProShares UltraShort Gold | $104m | 2.4% | −8.7% | 1.26% |
| 8 | SHNY 3x | MicroSectors Gold 3X Leveraged ETN | $85m | 2.0% | −40.0% | 0.95% |
| 9 | GDXW 1.2x | Roundhill Gold Miners Weeklypay ETF | $78m | 1.8% | +3.7% | 0.99% |
| 10 | DUST -2x | Direxion Daily Gold Miners Index Bear 2x ETF | $66m | 1.5% | −57.4% | 0.94% |
| 11 | ZSL -2x | ProShares UltraShort Silver | $63m | 1.5% | −71.7% | 1.33% |
| 12 | JDST -2x | Direxion Daily Junior Gold Miners Index Bear 2X ETF | $42m | 1.0% | −61.1% | 0.92% |
| 13 | DULL -3x | MicroSectors Gold -3X Inverse Leveraged ETN | $19m | 0.4% | −31.0% | 0.95% |
| 14 | GLDW 1.2x | Roundhill Gold WeeklyPay ETF | $18m | 0.4% | −7.4% | 0.99% |
| 15 | CPXR 2x | USCF Daily Target 2X Copper Index ETF | $13m | 0.3% | +39.3% | 1.22% |
| 16 | WXET 2x | Teucrium 2x Daily Wheat ETF | $6m | 0.1% | −1.9% | 0.95% |
| 17 | UCOP 2x | ProShares Ultra Copper K-1 Free ETF | $4m | 0.1% | – | 0.95% |
| 18 | CXRN 2x | Teucrium 2x Daily Corn ETF | $3m | 0.1% | −21.4% | 0.95% |
| 19 | XCOM 2x | Corgi All Commodities 2x Daily ETF | under $1m | 0.0% | – | 0.45% |
| 20 | UPLT 2x | ProShares Ultra Platinum K-1 Free ETF | under $1m | 0.0% | – | 0.95% |
| 21 | UPAL 2x | ProShares Ultra Palladium K-1 Free ETF | under $1m | 0.0% | – | 0.95% |
Other categories in hard asset flight
Common questions
Which ETFs are leveraged and inverse ETFs?21 US ETFs sit in this category of hard asset flight. Leveraged and inverse ETFs on gold, silver and the miners. Driven by the daily moves of what they track, multiplied and reset each day.
What is the largest leveraged and inverse ETF?AGQ, ProShares Ultra Silver, with $1.0bn, 23.4% of the category's money.
How have leveraged and inverse ETFs performed?Too few have a year of history to say.